Rambus (RMBS) Surges 14.9%: Is This an Indication of Further Gains?

Rambus (RMBS) shares ended the last trading session 14.9% higher at $88.58. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.4% gain over the past four weeks.Rambus is benefiting from strong growth in its memory interface chip business, particularly DDR5 products, driving record product revenue and market outperformance.This memory chip designer is expected to post quarterly earnings of $0.62 per share in its upco ...